PEPI folks, is there a defined promotion trajectory at A&M akin to a shape up / ship out type policy at MBB? Does the firm typically coach out folks who don’t fit the track?

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Not up or out but you’ll be coached out if you’re not performing at your expected level

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You can hang out at a level for years if you perform well but don’t want more responsibility

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No defined promotion trajectory or time in role expectations. If someone isn’t performing, there may be a variety of outcomes: quickly let go (within months), coached out with a PIP, or they might have multiple years of such poor comp that they leave.

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